Charlotte has decided to take her side hustle of making and selling meme t-shirts and...
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Charlotte has decided to take her side hustle of making and selling meme tshirts and make it her fulltime gig. She has dedicated a room in her house only for the purpose of making and storing her tshirts. Currently her mortgage is $ per month, she also pays $ for electricity and $ for business speed internet monthly as well. Charlotte is wondering if she can deduct some of these house expenses since they are part of her business. She also wants to know what other expenses she may be able to deduct. Use RIA Checkpoint to create the memo off the above topic. Include facts, issues, applicable law, analysis, and conclusion.
Charlotte has decided to take her side hustle of making and selling meme tshirts and make it her fulltime gig. She has dedicated a room in her house only for the purpose of making and storing her tshirts. Currently her mortgage is $ per month, she also pays $ for electricity and $ for business speed internet monthly as well. Charlotte is wondering if she can deduct some of these house expenses since they are part of her business. She also wants to know what other expenses she may be able to deduct.
Use RIA Checkpoint to create the memo off the above topic. Include facts, issues, applicable law, analysis, and conclusion.
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